631 Brice
Lima, OH 45801
MLS #309843
About this home
Attention investors! Prime opportunity to own a multi-family property zoned B-2 in an opportunity zone near the heart of Lima. The four-unit property requires extensive brick work, new roof and interior restoration due to storm damage but offers strong upside potential as a future cash-flowing asset. Buyer will need to do their own due diligence with the City of Lima, on any code violations or rehab requirements prior to purchase. Cash offers only, sold AS-IS. Roof and brick repair quotes are available for reference. Can be purchased as a package with 627 Brice and adjacent vacant parcel for $79,900. 627 Brice is currently rented for $950/month.
Property details
- Listed
- 5/21/2026
- Listing office
- Hartsock Realty
- Listing agent
- David Mayer
- ZIP
- 45801
- Status
- Closed
Investment property loan estimator
Estimated monthly
$303
per month, all-in
- Principal & interest
- $102
- Property tax
- $27
- Insurance
- $175
2–4 unit investment properties typically require 20–25% down for non-owner-occupied financing. Owner-occupied house-hacking (live in one unit) may qualify for 3.5–5% down with FHA/conventional. Estimates only.
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